Forex Trend Analysis Report
Prepared for you on Friday, October 15, 2021.
Swedish Krona/Swiss Franc (FOREX:SEKCHF)
Weak Downtrend (-65) - SEKCHF is showing signs of a strengthening downtrend. Monitor SEKCHF as it may be building momentum to the downside.
Is it time to buy, sell, or avoid SEKCHF?
MarketClub looks at technical strength and momentum to determine if the timing is right for SEKCHF.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SEKCHF
The long-term trend has been DOWN since Jun 16th, 2021 at 10.7300
The intermediate-term trend has been DOWN since Sep 28th, 2021 at 10.6200
The short-term trend has been UP since Oct 14th, 2021 at 10.6393
Smart Scan Analysis for SEKCHF
Based on our trend formula, SEKCHF is rated as a -65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).